NA leader's Australia visit to boost comprehensive partnership
- National Assembly concludes year-end session
- Year-end NA session set to open on October 23
- NA Chairwoman meets Chinese Party chief Xi Jinping
- NA Chairwoman begins Kazakhstan visit
The visit aims to consolidate comprehensive partnership with Australia.
Vietnam and Australia have enjoyed growing partnership over the past years. Australia is Vietnam’s eighth biggest trade partner with bilateral trade exceeding US$5 billion in 2016.
National Assembly Chairwoman Nguyen Thi Kim Ngan is due to make an official visit to Australia |
Australia is the 19th largest investor of Vietnam with 378 projects worth US$1.7 billion ,while Vietnam is running 17 investment projects valued at US$137 million.
Australia is also among Vietnam’s largest ODA providers, with more than AUD130 million (US$99 million ) per year during 2010-2015.
Vietnam’s NA first signed a cooperation agreement with the Australian House of Representatives in 2008 on the occasion of then NA Chairman Nguyen Phu Trong’s official visit to Australia.
During the Vietnam visit by then Speaker of the House of Representatives Anna Burke in 2013, a cooperative agreement between the Vietnamese legislature and Australia’s Parliament was signed.
These documents have laid a legal foundation to promote and deepen bilateral cooperation between the two legislative bodies.